An Option Straddle Is the Simultaneous Purchase (Or Sale) of Both

question 39

True/False

An option straddle is the simultaneous purchase (or sale) of both a put and a call option on the same underlying security.

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Definitions:

Extraversion/Introversion

Personality traits that describe how outgoing and social or how reserved and solitary an individual is.

Openness to Experience

A personality trait that describes the degree to which a person is open to new experiences, curious, imaginative, and willing to explore novel ideas.

Big Five Trait

A theory in psychology that suggests that there are five broad dimensions of personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Agreeableness

A personality trait that includes attributes like being kind, sympathetic, cooperative, warm, and considerate.